Preparing a Will is a vital step for any Jersey resident who wishes to ensure their estate is managed in accordance with their intentions. Jersey law provides a distinct legal framework for succession, and without a valid Will, your estate may be subject to intestacy rules that do not reflect your wishes. This can result in unintended outcomes, particularly for unmarried partners or blended families, and may lead to unnecessary stress and financial hardship for those left behind.
One of the key features of Jersey succession law is the distinction between movable and immovable estate. Movable assets include bank accounts, shares, jewellery, and personal possessions. Immovable assets refer to land, buildings, long leases, and certain mortgage interests. Because these two categories are treated separately under Jersey law, it is often necessary to prepare two Wills: one for movable property and one for immovable property. Each must comply with specific legal formalities to be valid and enforceable, and failure to do so can result in delays, disputes, or unintended distributions.
Making a Will in Jersey also enables you to appoint guardians for minor children, ensuring that those you care for are looked after by individuals you trust. It provides an opportunity to express your preferences regarding funeral arrangements and other personal matters. For those in long-term relationships without legal recognition, a Will is essential to ensure that your partner is provided for, as Jersey law does not automatically grant inheritance rights to unmarried partners.
The process of drafting a Will in Jersey requires careful attention to legal formalities. A Will must be correctly signed and witnessed, and in the case of immovable property, it must be registered in the Public Registry. For movable property, a Grant of Probate must be obtained before the Will can be executed. These steps involve the payment of stamp duty, which is calculated based on the value of the estate. Thoughtful estate planning can help mitigate these costs, preserving more of your estate for your beneficiaries.
Parslows LLP provides comprehensive Will writing and estate planning services tailored to Jersey residents. Our experienced lawyers ensure that your Will is properly drafted, witnessed, and dealt with in accordance with Jersey law. We take the time to understand your personal and financial circumstances, offering clear and practical advice to help you make informed decisions. Whether your estate is straightforward or complex, we guide you through each step with professionalism and discretion.
In addition to Will drafting, Parslows LLP also advises on Lasting Powers of Attorney. This legal instrument allows you to appoint someone to make decisions on your behalf should you lose mental capacity. It is a prudent measure that compliments your Will and provides further assurance that your affairs will be managed responsibly and in accordance with your wishes.
Our team is committed to helping Jersey individuals protect their assets and provide for their loved ones. We understand the importance of clarity and certainty in estate planning and work to ensure that your intentions are fully reflected in your legal documents. We also offer assistance with updating existing Wills, ensuring they remain valid and relevant as your circumstances change.
If you are a Jersey resident and have not yet made a Will, or if your existing Will needs reviewing, Parslows LLP is here to help. The peace of mind that comes from knowing your affairs are in order is invaluable, and your loved ones will be grateful for the certainty and care you have provided.
